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EARNINGS PER SHARE ("EPS")
 6 Months Ended
Sep. 27, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE (EPS)
EARNINGS PER SHARE (“EPS”)

The following table provides a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations.
 
 
Three Months Ended
 (In thousands, except per share amounts)
 
September 27,
2014
 
September 28,
2013
Basic EPS
 
 
 
 
Net income
 
$
7,487

 
$
16,548

Weighted average shares
 
51,391

 
51,492

Basic income per share
 
$
0.15

 
$
0.32

Diluted EPS
 
 
 
 
Net income
 
$
7,487

 
$
16,548

Basic weighted average shares
 
51,391

 
51,492

Net effect of common stock equivalents
 
534

 
869

Diluted weighted average shares
 
51,925

 
52,361

Diluted income per share
 
$
0.14

 
$
0.32


 
 
Six Months Ended
 (In thousands, except per share amounts)
 
September 27,
2014
 
September 28,
2013
Basic EPS
 
 
 
 
Net income
 
$
3,839

 
$
8,674

Weighted average shares
 
51,567

 
51,360

Basic income per share
 
$
0.07

 
$
0.17

Diluted EPS
 
 
 
 
Net income
 
$
3,839

 
$
8,674

Basic weighted average shares
 
51,567

 
51,360

Net effect of common stock equivalents
 
489

 
840

Diluted weighted average shares
 
52,056

 
52,200

Diluted income per share
 
$
0.07

 
$
0.17



Weighted average shares outstanding, assuming dilution, excludes the impact of 1.6 million shares for the three and six months ended September 27, 2014, and a negligible number and 0.8 million shares for the three and six months ended September 28, 2013, respectively, because these securities were anti-dilutive during the noted periods.